Home Prices in 20 Cities Rose in Sept. at Slower Pace

The transcript discusses the release of SPK shoulder numbers, indicating a slight gain in home prices across the top 20 metro markets, reflecting a housing recovery in September. It highlights a slowdown in price gains, with a year-over-year increase of 4.9% in September, down from 5.6% in August. The geographic analysis shows varied regional performance, with the Northeast experiencing its first negative return since 2013, while the Southeast, led by Florida, shows sustained strength. The report also notes a slight decline in S&P 500 futures following the release.

What was the reported gain in home prices for the top 20 metro markets?

• 7/10 of 1%

• 3/10 of 1%

• 1/10 of 1%

• 5/10 of 1%

How did the 20-city composite index change on a year-over-year basis in September?

• It rose by 4.9%

• It rose by 5.6%

• It fell by 5.6%

• It fell by 4.9%

Which region experienced its first monthly negative return since December 2013?

• The West

• The Southeast

• The Northeast

• The Southwest

Which region showed sustained strength in home prices, led by Florida?

• The Southeast

• The Northeast

• The West

• The Southwest

What was the change in S&P 500 futures following the housing report?

• Up by 1/10 of 1%

• Down by 2/10 of 1%

• Down by 1/10 of 1%

• Up by 2/10 of 1%